Accepted Use of Funds Sample Clauses

Accepted Use of Funds. (a) The Accepted Use of the Funds for each type of Funding is specified in the relevant Funding Schedule.
Sample 1
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Accepted Use of Funds. (a) In order to comply with the requirement to use the Funds for the Funded Purpose, You must apply or use all of the Funds for an Accepted Use: Subsidy Accepted Use Base Subsidy A minimum of 80% of the Base Subsidy must be applied to: • improved entitlements for the Early Childhood Teacher and up to two diploma or higher qualified educators delivering the Approved Kindergarten Program, including: o additional pay on top of their Early Childhood Teacher award wage; o lump sum bonus paid directly to the Early Childhood Teacher; o additional paid annual leave for the Early Childhood Teacher; o payment of additional programming hours or non-contact times for the Early Childhood Teacher (in addition to award entitlements for the Early Childhood Teacher such as lunch break or programming time); o professional development (delivered by an accredited training organisation that does not have the same ABN as the Approved Provider) for the Early Childhood Teacher specifically to assist them in delivering an Approved Kindergarten Program; and o learning resources for the Early Childhood Teacher to enhance the delivery of an Approved Kindergarten Program to Eligible Children.A maximum of 20% of the Base Subsidy can only be spent on: • quality and age-appropriate resources available exclusively for the Eligible Children; andproviding extracurricular kindergarten activities provided that all Eligible Child undertake the activity, the Early Childhood Teacher is present and participating, and the Early Childhood Teacher includes the activity as part of their curriculum, with no cost to the families of Eligible Children, or as set out in the Funding Essentials from time to timeFor the avoidance of doubt, the following use of Funds is not an Accepted Use of Funds: • general items used in the operation or business of the LDC Service, such as: o Early Childhood Teacher award wages; o educator or support staff wages; o administration costs; o renovations, maintenance and utilities (for example rates, water and electricity); o furniture; o general good and groceries; o cleaning or hygiene products; o fixed structures for the service such as play forts, swings and slides; o service software programs and memberships; and o capital expenditure and/or improvements. • Distribution of the Base Subsidy across services is not permitted under this Agreement. Gap Fee Subsidy The Gap Fee Subsidy Funds must be wholly applied to offset the cost of the kindergarten fees paid by the family of...
Sample 1
Accepted Use of Funds. (a) In order to comply with the requirement to use the Funds for the Funded Purpose, You must apply or use all of the Funds for an Accepted Use.
Sample 1
Accepted Use of Funds. The Accepted Use of the Funds for each type of Funding is specified in the relevant Funding Schedule. Where the Accepted Use requires You to hold, apply or otherwise use the Funds for a particular use, any failure to hold, apply, or otherwise use the Funds exclusively for that Accepted Use will be a breach of the Service Agreement. Despite anything in the Service Agreement, Funding may only be expended by You by providing Funding directly to a Service for the Queensland Kindergarten Funding in accordance with the Service Agreement, unless otherwise approved in writing by Us. In no circumstances are You permitted to provide any Funding to any of Your Related Bodies Corporate unless otherwise approved in writing by Us. We may, acting reasonably, determine whether the use of Funds is consistent with an Accepted Use of Funds. Use of Funds that is not, in our determination, an Accepted Use of Funds will be a breach of the Service Agreement. If the Accepted Use is, or includes, purchasing Funded Assets, or if Funded Assets are purchased as permitted by that Accepted Use, whether purchased by You or at a service-level, You must: either purchase, or use reasonable measures to ensure the Service purchases, the specified Funded Asset, or Funded Asset which is consistent with the Funded Purpose and Accepted Use; be the legal owner of those Funded Assets at all times; not grant any encumbrance or security over those Funded Assets; keep, and if requested by Us, provide evidence of the purchase, including receipts; if requested by Us, provide written confirmation of how the purchase of any Funded Asset complies with a Funded Purpose and Accepted Use as specified in that Funding Schedule; and effect and maintain insurance covering the Funded Asset for its full replacement value. The requirement to comply with the Accepted Use of Funds survives termination of the Service Agreement. For the avoidance of doubt, any Funds provided to You by Us that are not used or applied during the term of the Service Agreement must be used or applied for an Accepted Use, even after termination or expiration of the Service Agreement. Further versions and variation of terms If these Funding and Service Details refer to a document, specification, guideline, policy, standard, framework or scheme that You must comply with, meet or have regard to, or that applies to any of the Funding or Services, including under item 1.1(d): We may, from time to time, issue or approve a new version; We will not...
Sample 1

Related to Accepted Use of Funds

  • Use of Funds Grantee shall expend funds under this Contract only for approved services and for reasonable and allowable expenses directly related to those services.

  • Allocation and Use of Funds All allocations and use of funds under this Grant shall be in accordance with the applicable federal Notice of Funding Opportunity (NOFO) for the Federal Grant Title specified on this Grant.

  • Application of Funds After the exercise of remedies provided for in Section 8.02 (or after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 8.02), any amounts received on account of the Obligations shall be applied by the Administrative Agent in the following order: First, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts (including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such; Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer and amounts payable under Article III), ratably among them in proportion to the respective amounts described in this clause Second payable to them; Third, to payment of that portion of the Obligations constituting accrued and unpaid Letter of Credit Fees and interest on the Loans, L/C Borrowings and other Obligations, ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Third payable to them;

  • Your Use of the Service 4.1 You will not use the Service in any way that would constitute or contribute to the commission of a crime, tort, fraud, or other unlawful activity (including activities deemed unlawful under a complainant’s legal jurisdiction) (“Laws”). You will indemnify, and keep us fully indemnified, against all costs, claims, demands, expenses, and liabilities arising out of, or in connection with, any claim that the Service (or its use) infringes any Laws.

  • Your Use of the Services You agree to comply with U.S. or other applicable law regarding the transmission of any information obtained from the Services in accordance with this Agreement, not to use the Services for illegal purposes or in manner inconsistent with this Agreement, and not to interfere with or disrupt the networks connected to the Services. You agree to use the Services solely for your own noncommercial use and benefit, and not for resale or other transfer or disposition to, or use by or for the benefit of, anyone else. You agree that you will not take any action that imposes an unreasonable or disproportionately large load on our infrastructure. You acquire no rights to the Services and/or materials we provide to you other than the limited right to utilize the Services in accordance with this Agreement.

  • Limitation of Funds In no case shall the Government’s financial liability exceed the amount obligated under this Agreement.

  • Use of Funding 4.1 Unless otherwise provided in this Schedule B, the HSP shall use all Funding allocated for a particular Envelope only for the use or uses set out in the Applicable Policy.

  • Source of Funds Each Purchaser severally represents that at least one of the following statements is an accurate representation as to each source of funds (a “Source”) to be used by such Purchaser to pay the purchase price of the Notes to be purchased by such Purchaser hereunder:

  • Use of Funds for Lobbying Prohibited The Provider shall comply with the provisions of sections 11.062 and 216.347, F.S., which prohibit the expenditure of contract funds for the purpose of lobbying the Legislature, judicial branch, or a State agency.

  • Restrictions on Use of the Service You agree to comply with Viasat’s Acceptable Use Policy, Data Allowance Policy, Bandwidth Usage Policy, Unlimited Data Policy and Email End User License Agreement applicable to your service located at xxx.xxxxx.xxx/xxxxx and xxx.xxxxxx.xxx/xxxxx, all of which are incorporated into and made a part of this Agreement. Viasat reserves the right to immediately terminate the Service and this Agreement if you knowingly or otherwise engage in any prohibited activity. You do not own or have any rights (other than those expressly granted to you) to a particular IP address, even if you are utilizing a static IP address.

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